Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialCACI Completes $550 Million Acquisition Of L-3’s National Security Solutions Segment
CACI International [CACI] on Monday said it has completed its $550 million cash acquisition of L-3 Communications’ [LLL] government services segment, in a deal that is expected to add $1 […]
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Business/FinancialBall Acquires Engineering Cyber Firm Wavefront Technologies
Ball Corp.’s [BLL] aerospace business on Friday said it has acquired the engineering cyber firm Wavefront Technologies in a deal that diversifies its business portfolio. Terms of the deal were […]
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CyberJohnson Directs DHS To Develop Capabilities Against Unknown Cyber Threats
Following release of a government audit report last week that highlighted shortcomings in a federal cyber security system, Homeland Security Secretary Jeh Johnson on Saturday said he has directed his […]
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CyberDHS Cyber Security System Limited In Meeting Objectives, GAO Says
The cyber security system maintained and operated by the Department of Homeland Security (DHS) for protecting federal computer networks is limited in meeting its objectives, a government auditing agency says. […]
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Business/FinancialCobham Sells Surveillance Business To Private Equity Firm
Britain’s Cobham plc in January sold its surveillance business to Marlin Equity Partners for $10 million. The transaction closed on Jan. 14. The Surveillance Business (TSB) is dually headquartered in […]
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Business/FinancialL-3 Swings To Fourth Quarter Loss On Charge, Sales Dip
L-3 Communications [LLL] on Wednesday reported a hefty net loss in the fourth quarter due to an impairment charge related to the fair value of a business unit combined with […]
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Business/FinancialNorthrop Grumman Reports Lower Sales, Income In Fourth Quarter; Still Beats Estimates
Northrop Grumman [NOC] on Thursday posted lower earnings and sales in its fourth quarter as top lines at all of its operating segments declined but the company’s earnings still beat […]
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Business/FinancialAcquisition Costs Trim Raytheon’s Income In Fourth Quarter As Sales Rise
Accounting adjustments related to Raytheon’s [RTN] acquisition last year of a cyber security firm helped lower the company’s fourth quarter earnings despite a modest rise in sales, and the company […]
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Business/FinancialGD Posts Higher Income As Sales Fall In Fourth Quarter
General Dynamics [GD] on Wednesday posted higher fourth quarter earnings on higher operating margin and a lower tax rate, although sales fell on declines across its operating segments. Net income […]
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Business/FinancialBoeing’s Sales, Earnings Down In Fourth Quarter On Fewer Aircraft Deliveries, 747 Charge
Boeing [BA] on Wednesday reported declines in its fourth quarter sales and earnings due to fewer commercial aircraft deliveries and a previously announced charge related to its 747-8 cargo plane, […]